Bitcoin BTC Technical and Fundamental Analysis

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Bitcoin EFT ma volume boht zadya ay raha hai Abhi Bitcoin ka rate $119,273 ke aas paas chal raha hai. Is waqt ek important resistance level hai 118,400 se $118,900 ke darmiyan jasy break kar new all time high $119,449 bn agya hai. Baqi Bitcoin is level ke upar daily close kar leta hai to iska matlab hoga ke market breakout kar raha hai aur agla target $125,000 ho sakta hai. Is breakout se yeh bhi samjha ja sakta hai ke market consolidation se nikal kar dobara bullish mode mein aa gaya hai. But agar yeh resistance break nahi hota to phir price wapas $116,700 ke support level tak aa sakta hai. Is waqt market ka dono taraf ka decision inhi important levels par depend karta hai. Yeh consolidation phase kuch haftay ya months tak bhi chal sakta hai jaise pehle cycles mein dekha gaya tha.


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Fundamental Update and Bitcoin Dominance Chart
Fundamental side se dekha jaye to analyst ki report ke mutabiq Long-Term Holder NUPL ka level 0.69 hai. Yeh batata hai ke long-term holders abhi profit mein hai but market abhi tak euphoric phase mein nahi gaya o ke aksar rallies ke end pe hota hai. Chahe Bitcoin ne all-time high bana bhi liya hai but yeh metric dikhata hai ke aur bhi growth ki space baqi hai. Agla strong move sirf tab possible hai jab resistance break ho aur logon ka confidence barhta jaye bitcoin dominance ma -0.20% ka downfall aya hai is ka matlab passa sarf bitcoin ma ay raha abi but mojy laga raha hai market ko bleed karwa kaye ga ajj ki raat dakhy hai